Zerodha Vs Alice Blue (Compare Zerodha and Alice Blue)

The side-by-side comparison of Zerodha and Alice Blue. Compare Zerodha Vs Alice Blue brokerage, charges, exposure margin, demat account. Read Alice Blue and Zerodha review.

Find out Zerodha Vs Alice Blue which is better and Zerodha Vs Alice Blue which is best.

Our Zerodha comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Zerodha and Alice Blue.

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Zerodha Vs Alice Blue

  Zerodha Alice Blue
Find more info about broker
Zerodha Logo Alice Blue Financial Services Logo
About the Broker Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o... Know more about Zerodha Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue o... Know more about Alice Blue Financial Services
Type of Broker Discount Broker Discount Broker
Supported Exchnage NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Account Type Flat Brokerage Plan F20
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Alice Blue. Leave your contact info and we will get in touch with you.
Year of Incorporation 2010
Number of Branches 22
Enquire Zerodha Enquire Alice Blue
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Zerodha Vs Alice Blue Charges

  Zerodha Alice Blue
Trading Account Opening Fees ₹200 Equity ₹310 | MCX ₹200 | ₹500 All segments
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹300 ₹400
Demat Account is Mandatory? No No
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Zerodha Vs Alice Blue Brokerage

Brokerage Plan 1

  Zerodha Alice Blue
Account Type Flat Brokerage Plan F20
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower ₹20
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹20
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹20
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer
Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer

Brokerage Plan 2

  Zerodha Alice Blue
Account Type Flat Brokerage Plan Traditional Plan
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) 0.1%
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower 0.01%

Other Charges

Minimum Brokerage Charges ₹0 ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges ₹50 per executed order ₹20 per executed order
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Zerodha Vs Alice Blue Taxes

  Zerodha Alice Blue
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Zerodha Vs Alice Blue Transaction Charges

  Zerodha Alice Blue
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Futures NSE ₹190 per Cr (0.0019%) NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side)
Equity Options NSE ₹5000 per Cr (0.05%) NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side)
Currency Futures NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) NSE ₹135 per Cr (0.00135%)
Currency Options NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium) NSE ₹4400 per Cr (0.044%) (on premium)
Commodity Group A - ₹260 per Cr (0.0026%) Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%)
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Zerodha Vs Alice Blue Exposure Margin

  Zerodha Alice Blue
Equity Delivery 1x (no margin) Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Intraday Up to 20x (based on the stock) Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity Options
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Zerodha and Alice Blue Feature Comparison

  Zerodha Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time 3:10 PM Equity: 3:15PM
Other Features Direct Mutual Funds, APIs
Referral Program Yes
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Zerodha Vs Alice Blue Review

  Zerodha Alice Blue
  370 Customer Reviews    Rate Zerodha 22 Customer Reviews    Rate Alice Blue
Fees 3.8 4.5
Trading Brokerage 4.3 4.3
Trading Platform Usability 3.6 4.3
Customer Service 3.5 3.7
Research Capabilities 2.0 2.5
Overall Ratings Rated 3.7 stars Rated 4.2 stars
Broker Rating Zerodha is Rated 3.7 / 5 based on 370 customer reviews Alice Blue is Rated 4.2 / 5 based on 22 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Enquire Alice Blue Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer

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Zerodha Vs Alice Blue Investment Options

  Zerodha Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Zerodha Vs Alice Blue Customer Service

  Zerodha Alice Blue
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No No
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Zerodha Vs Alice Blue Order Type Offered

  Zerodha Alice Blue
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Zerodha Vs Alice Blue Research Report

  Zerodha Alice Blue
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Zerodha Vs Alice Blue Suitable For Investor Type

  Zerodha Alice Blue
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Zerodha Vs Alice Blue - Advantages and Disadvantages

  Zerodha Alice Blue
Pros
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms (Kite) available for free.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Direct Mutual Fund Investment is available.
  • Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
  • Zerodha Referral Program offers 10% broekrage share to clients you refer.
  • Good Till Triggered (GTT) order are available. These are simillar to GTC orders.

More Advantages...

  • Discount stock broker.
  • Most advance trading platform.
  • Free equity delivery trades. No brokerage.
  • 01% or ₹20 whichever is less brokerage for intraday and F&O.
  • Up to 20x margin in equity intraday.
  • Demat AMC is free for lifetime for all customers.

More Advantages...

Cons
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra ₹50 order.
  • Auto Square off is charged at extra ₹50 order.
  • Doesn't offer 3-in-1 account.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer AMC Free Demat account.

More Disadvantages...

  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of ₹20 per order.

More Disadvantages...

Reviews
Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Free Equity Delivery Trade + Lifetime FREE AMC Demat Account

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition, get Lifetime Zero AMC Demat Account with no additional cost. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.

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